44 East 12th Street (Parc Village)
44 East 12th Street, New York, NY 10003
BBL 1005637501 · BIN 1009143
- Year built
- 1985
- Type
- Condominium
- Units
- 44
- Floors
- 10
- Landmark
- No
- Pets
- Small pets; board approval generally required — confirm current terms at offer stage
- Subletting
- Permitted under the condominium declaration; confirm current terms at offer stage
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2003–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,757
- Listing discount
- 0.6%
- Recorded sales
- 64
- On record
- 2003–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Parc Village Condominium would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
Parc Village is a boutique full-service condominium on one of the quietest tree-lined blocks in the Union Square corridor — East 12th Street between Broadway and University Place, steps from Union Square, the Strand, and the transit convergence at 14th Street. Completed in 1985, the 10-story building has operated since as a well-run doorman condominium, and a recent refresh of the lobby and roof deck has kept it current.
The building's appeal is the combination of a true condominium's flexibility with full-service operations in a genuinely central downtown location. With 24-hour doorman coverage, a live-in superintendent, and a landscaped common roof deck with skyline views stretching from the Empire State Building to One World Trade Center, Parc Village delivers a full-amenity experience at a boutique 44-unit scale.
The location is the practical draw: Union Square's Greenmarket, Whole Foods, and Trader Joe's within a short walk, NYU nearby, and quick connections to SoHo and the Meatpacking District — all from a quiet residential block that keeps the noise of 14th Street at arm's length.
Architecture and unit composition
The 44 residences distribute across 10 stories in a post-war masonry envelope. Layouts mix original configurations with extensive renovations; many apartments feature south-facing exposure, large windows, high-end kitchen appliances, hardwood floors, central air and heat, and notably generous closet space. The most distinctive units carry private outdoor space — including a penthouse duplex with several hundred square feet of private terrace, a genuine rarity in Greenwich Village.
Renovation quality varies apartment to apartment, and that variation — together with floor, exposure, and outdoor access — drives most of the pricing spread within the building.
Building operations
Parc Village operates as a full-service condominium: 24-hour doorman, a live-in superintendent, a renovated lobby, a landscaped common roof deck, a bike room, private storage, and washer/dryer service in the building. Central air and heat serve the apartments. Small pets and in-unit washer/dryer installations generally require board approval, so buyers should confirm current house rules at offer stage.
As a 1985 building that has been refreshed in recent years, systems and common areas are in current condition, but buyers should still review the financial statements, the reserve study, board minutes, and any active or planned capital projects during due diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $8,280/yr
- Per unit / month range
- $0 – $16
- Modeled exposure split equally across 43 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
As a condominium, Parc Village is read on a price-per-square-foot basis, and it trades as a full-service, well-located Greenwich Village condominium. The unit-level variables — floor, exposure, private outdoor space, and renovation condition — drive most of the pricing spread, and the boutique unit count means comparable sales are infrequent and heterogeneous. Pricing is best read at the apartment level.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 1, 2025 | 2B | 1 BR · 1 BA · 702 sf | $1,239,000 | $1,765/sf | -0.9% |
| Sep 11, 2024 | 10A | 1 BR · 2 BA · 1,316 sf | $2,100,000 | $1,596/sf | -8.7% |
| Nov 9, 2022 | 8E | 1 BR · 1.5 BA · 975 sf | $1,595,000 | $1,636/sf | -3.3% |
| Aug 19, 2022 | 8B | 2 BR · 2 BA · 1,050 sf | $1,900,000 | $1,810/sf | +0.0% |
| Jun 16, 2022 | 5D | 1 BR · 1 BA · 676 sf | $1,150,000 | $1,701/sf | off-mkt |
| Mar 8, 2022 | 6E | 1 BR · 1.5 BA · 947 sf | $1,590,000 | $1,679/sf | off-mkt |
| Feb 16, 2022 | 3E | 2 BR · 1.5 BA · 975 sf | $1,545,000 | $1,585/sf | +3.1% |
| Nov 17, 2020 | 8C | 1 BR · 1 BA · 550 sf | $813,000 | $1,478/sf | -18.3% |
Market read. Most recent trades (2025) cleared a median $1,757/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.6% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00563-7501). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Closed rents at Parc Village Condominium, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 2 bedroom | 2 | $8,450 |
3 closed leases, October 2023 to September 2026. Most recent lease July 2026. Based on few leases. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
Outdoor space is the premium. The units with private terraces — and the penthouse duplex in particular — are their own market within the building. Confirm exactly what outdoor space conveys.
Condition drives price. Renovation quality varies widely across the 44 units. Inspect kitchens, baths, and mechanicals and price against comparable condition.
Full service at a boutique scale. 24-hour doorman, live-in super, roof deck, and storage inside a 44-unit building — a full-amenity experience without a tower's common charges profile. Model the carry.
Condo flexibility is real. 30–45 day closings; pied-à-terre, investment, LLC, trust, and foreign-buyer purchases are permitted under the declaration; subletting is allowed. Confirm current sublet and pet rules with management at offer stage.
Mansion tax may apply. Depending on price, the mansion tax and its cliff thresholds can be in play. Run pricing through the Mansion Tax Calculator.
What to know if you’re selling
Lead with location and service. The quiet block steps from Union Square, the 24-hour doorman, and the refreshed roof deck are the differentiators against generic downtown inventory.
Terraces are their own headline. For units with private outdoor space, marketing should foreground it distinctly — outdoor space is scarce and commands a premium in the Village.
Closing timelines are condo-fast. 30–45 days from contract to closing.
Comparable buildings
If you're considering 44 East 12th Street, also evaluate:
- 41 University Place — pre-war cooperative a block away
- 15 East 10th Street (The Mayfield) — pre-war Greenwich Village cooperative nearby
- 250 Bowery — boutique downtown condominium peer
- Greenwich Village corridor — the broader neighborhood market
More Greenwich Village buildings
- 43 East 10th Street — 1891
- 43 Fifth Avenue — 1905 co-op
- The Glass House, 43 West 13th Street — 1906 co-op
- 45 Fifth Avenue — 1925 co-op by Sugarman & Berger
- 45 West 10th Street — 1956 co-op by H.I. Feldman
- 45 West 11th Street — 1904 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at Parc Village Condominium?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.